Mitra, Santanu; Hossain, Mahmud; Jain, Pankaj - In: Review of Quantitative Finance and Accounting 41 (2013) 4, pp. 585-610
We investigate the empirical relationship between a firm’s product market power and its management’s action to use real-activity-based earnings management techniques to avoid earnings disappointment by meeting or beating earnings targets such as analysts’ earnings forecasts, positive...